Economy, asked by ayush8156, 11 months ago

state one characteristic of oligopoly ​

Answers

Answered by gowrinanda
3

Answer:

Explanation:

The three most important characteristics of oligopoly are:

(1) an industry dominated by a small number of large firms,

(2) firms sell either identical or differentiated products, and

(3) the industry has significant barriers to entry.

Answered by AngelLuck
0

Answer:

One characteristic of oligopoly:-

An industry dominated by a small number of large firms..

Hope u got it mate

@Angel ❤❤

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